Property score
58.7
Fair
Overall 58.7 · Smaller than most nearby homes
883 sqft (bottom 7%) · Built in 1940 (3 yrs newer than avg)
Located in a high-income area with median household income of ~133k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, 4 parks, and 1 place of worship nearby
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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58.7 is composed by the two sections below.
Property Score
Community Score
North River Heights
How to read: Share of sales in each ~$50k price band for “north river heights” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111049
$133K
Median household income
$134K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
20%
Single-person households
30%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
331 Borebank Street — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 412 m), 4 parks (nearest 406 m).
North River Heights · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
57%
331 Borebank Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
331 Borebank Street presents a classic North River Heights home built in 1940. Its key characteristic is a compact 883 sqft living area, which is notably smaller than most comparable homes in the neighbourhood and citywide. This is balanced by a slightly above-average citywide assessed value of $444k and a standard 5,040 sqft lot. The appeal lies in its efficient footprint within a mature, established area. It represents an opportunity for value-conscious entry into a desirable neighbourhood without paying for excess space that may not be needed.
This property would suit first-time buyers or downsizers seeking a lower-maintenance home in a prime location. It’s also a potential match for investors or handy buyers looking for a character home with a solid lot, where the value is anchored in the land and location rather than the size of the structure. A thoughtful perspective is that this home’s below-average size in an above-average value bracket highlights the premium for location in Winnipeg, making it a pragmatic choice for those prioritizing community over square footage.
Frequently Asked Questions
Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $444k is above the citywide average for comparable homes but around average for its immediate street and neighbourhood. It serves as a starting point, but market conditions, the home’s interior condition, and buyer demand for the location will ultimately determine the sale price.
Given the smaller living space, is the lot size still useful?
Yes. At over 5,000 sqft, the lot is standard for the area and offers valuable outdoor space. This provides room for gardening, recreation, or potential future expansions like a shed or deck, which adds flexibility that the compact interior may not offer.
What are the implications of the home being built in 1940?
While the home has character, its age means prospective buyers should pay close attention to the condition of major systems like plumbing, electrical, and the foundation during an inspection. Older homes can be well-built but may require updates or maintenance.
How does this home’s value compare to nearby properties?
The data shows its assessed value is competitive on Borebank Street itself. The "nearby properties" listed are close in proximity but may differ in size, condition, and exact value. A key comparison is that this home’s value is sustained despite its smaller size, underscoring the strength of the location.
Why is there no sales history available on the page?
Due to industry data regulations, detailed MLS sales history is not published publicly on the site. You can request the exact sales history figures manually via the provided email request form, and the team will supply the information directly.
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